[ad_1] Navarro called the apparent leak “fake news” in response, but the Post maintained that multiple insiders had seen hard copies of the potential order. If an order like this did go ahead, it would raise numerous concerns about potential abuses of power. It’s not clear what level of violations would be needed to reach […]
Category: commerce department
US will reportedly give Huawei another temporary reprieve
[ad_1] The situation “remains fluid” and leaves a chance that the license will be allowed to expire, according to the tipsters. The Commerce Department declined to comment. It wouldn’t be a shocking move. The US has used the ban and the initial reprieve as leverage in its trade dispute with China, and granting an extension […]
Huawei lays off two thirds of its US research division
[ad_1] An employee still employed at Futurewei told Reuters that work ground to a halt after the ban took effect. This still leaves roughly 1,200 Huawei employees in the US, although most of them are involved in customer support, public affairs and the supply chain. Moreover, the company’s American ranks have been shrinking ever since […]
Huawei preps ‘extensive’ US job cuts despite partial reprieve
[ad_1] The move would be prompted by complications surrounding Huawei’s presence on the Commerce Department’s Entities List, which bars US companies from doing business with a given firm unless there’s explicit approval. Futurewei staff have been restricted when communicating with Huawei’s Chinese offices, according to the tipsters, since their work might be considered US technology […]
Tesla granted tariff exemption on Japanese aluminum for battery cells
[ad_1] Tesla said in its request the battery cells are used to power the Model 3 as well as in its energy storage systems, such as the Powerwall and Powerpack. “Tesla is the only US manufacturer of these battery types and planned production of these batteries will increase exponentially over the next few years,” it […]
China’s supercomputers are the latest target in US trade war
[ad_1] The Commerce Department has reportedly issued export restrictions that cut five major Chinese supercomputer developers off from US technology. According to the new rule, the firms have been “acting contrary to the national security or foreign policy interests of the United States.” The developers include Sugon of Beijing, three of its affiliates and Wuxi […]
Huawei says it’s a ‘victim of bullying by the US’
[ad_1] In an earlier statement, founder Ren Zhegfei said that the company had prepared for this possibility. The company previously acknowledged that it had a backup operating system in case it was cut off from Android, although it has yet to talk about rolling out the alternative software. Huawei could technically use Android’s open source […]
US may soften ban on Huawei to help existing users
[ad_1] Huawei would still face severe restrictions. It could buy US goods for maintenance, it couldn’t use those goods to create new products. A softened ban wouldn’t likely ease tensions between China and the US. Huawei has insisted that the de facto ban will create “significant economic harm” for Americans, and China has interpreted it […]
US and Luxembourg sign ‘space commerce’ pact
[ad_1] The US Commerce Department tempered expectations somewhat by noting that this is ultimately a “vehicle” for team-ups rather than a formal alliance. As a member of the European Union, Luxembourg can only realistically do so much without involving its EU neighbors. Still, it won’t be surprising if space commerce gets a significant boost through […]